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Microcap & Penny Stocks : Eutro ( EUTO )

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To: slotman who wrote (2187)12/3/1997 7:33:00 PM
From: Whitetigr  Read Replies (2) of 12043
 
speculation, We all know that a company or more has leaked shares into the float that they are suposed to be holding in escrow to the best of our knowledge. The amount of shares still trading shows this.

There was that dumping this am when there are more shares already out here than there should be. I think that was either people holding that were very nervous about this gibberish about lawsuits and nonsense about what if's. To anyone wondering about this please consider that there is a reason that Eutro has not released the names of these 4 companies especially now after finding out that they broke their contract. Eutro can very well announce this publicly with a press release. They are giving the company or companies a chance to save their businesses before announcing any legal action. By giving them a chance to comply and not leaking the info they have a good opportunity of taking care of all of this without making a circus out of it. I am sure that these companies know what will happen if a press release and lawsuit came out about what they did breaking the contract and actually damaging the company <Eutro> that they were suposedly supporting. Especially if that is part of their main business <funding>.

I see another possibility that it was some of those people that were worried that were involved but it could have been one of these companies also dumping in an effort to shake everyone out now and buy back after everyone else dumps. If they tried that then they probably don't know about this SI thread or the support that Eutro has.

So don't be suprized to see the MM's try to capitalize on things now and shake stuff so that they can get some inventory because everyone knows that they don't give a rip about any of those companies that will need to buy back. Once those companies start to buy back the MM's will be more willing to raise the price and spread especially since I think they read this thread and will know that the companies have Deeper pockets than Joe average shareholder. Basically I think it's the MM's chance to get inventory <if they can> before the companies commit to buying back.

IMO of course and speculation.

Whitetigr
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